At issue is a fungus called coffee rust that has caused more than $1 billion in damage across Latin American region. The fungus is especially deadly to Arabica coffee, the bean that makes up most high-end, specialty coffees.
Already, it is affecting the price of some of those coffees in the United States.
« We are concerned because we know coffee rust is already causing massive amounts of devastation, » said Raj Shah, head of the U.S. Agency for International Development.
On Monday, he was expected to announce a $5 million partnership with Texas A&M University’s World Coffee Research center to try to eliminate the fungus.
But the government isn’t doing this just to protect our $4 specialty coffees, as much as…
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